CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 88

Cost-Benefit Risk Strategy Manufacturing 88

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

CIO Business Intelligence

DECEMBER 19, 2023

Modern security challenges Data from the Verizon 2023 Data Breach Investigations Report (DBIR) shows the three primary ways in which attackers access an organization are stolen credentials, phishing and exploitation of vulnerabilities. What is fixed wireless access?

Cost-Benefit 91

Cost-Benefit Risk Technology Forecasting 91

Jet Global

JUNE 23, 2023

Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. Personnel and admin cost ratio : This government KPI is the ratio of personnel and admin cost to the operating cost of the public entity.

Reporting 52

Reporting KPI Metrics Measurement 52

CIO Business Intelligence

AUGUST 7, 2023

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. This will continue as organizations start to recognize the benefits of public cloud in the digital world.”

Sales 52

Sales Enterprise Cost-Benefit Software 52

CIO Business Intelligence

MARCH 15, 2023

Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. Solicit input from trusted deputies and document the risks and implications of specific line items.

Uncertainty 84

Uncertainty Cost-Benefit Forecasting Insurance 84

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. IDC is forecasting a 5.1%

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. For example, predictive analytics can be used to forecast demand and optimize inventory levels, while blockchain technology can enhance transparency and traceability in the supply chain.

Cost-Benefit 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

Jet Global

MAY 31, 2023

May 31, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the evolution of Longview Tax with capabilities for BEPS 2.0 Pillar Two requirements, improving financial planning with consistent, correct tax payments and reliable tax forecasting. Pillar Two.

Finance 59

Finance Forecasting Reporting Cost-Benefit 59

Jet Global

MAY 16, 2023

May 16, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the launch of the insightsoftware Platform to ​​bring together the company’s applications in a single location. We call it The Connect Effect.

Uncertainty 52

Uncertainty Finance Cost-Benefit Reporting 52

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Jet Global

JUNE 3, 2024

Costing, procurement, subcontractor management, and labor combine to create a level of intricacy that businesses in other sectors don’t have to contend with. Increased Risk: Spreadsheets expose the business to fraud and errors due to weak access control and version control.

Reporting 52

Reporting Finance Operational Reporting Software 52

Jet Global

SEPTEMBER 1, 2023

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak.

Finance 52

Finance Reporting Cost-Benefit Operational Reporting 52

Jet Global

JUNE 27, 2023

The Many Benefits of AI to Financial Planning AI is enabling finance professionals to make faster, accurate decisions. Additionally, AI-powered solutions can deliver more accurate forecasts, helping FP&A professionals make better decisions through more in-depth planning and analysis.

Finance 52

Finance Cost-Benefit Forecasting Reporting 52

IBM Big Data Hub

MARCH 18, 2024

Inexhaustible supply One of the main benefits of renewable energy sources like the sun, wind and water is that they will never run out. In contrast, non-renewable resources are not only finite, but cost more as their availability declines and require more extreme extraction methods with greater environmental impacts.

Cost-Benefit 17

Cost-Benefit Forecasting Manufacturing Optimization 17

FineReport

MAY 25, 2023

Cost of absence : While not a standard metric, the cost of absence attaches a financial value to the aforementioned absence rate, making it more tangible. Cost of labor : The cost of labor encompasses the total amount an organization pays to its workforce, including employee benefits and payroll taxes.

Dashboards 52

Dashboards Metrics Cost-Benefit Key Performance Indicator 52

CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. People want to see it be real this year,” says Bola Rotibi, chief of enterprise research at CCS Insight.

Cost-Benefit 138

Cost-Benefit Metrics Insurance Measurement 138

Jet Global

AUGUST 24, 2023

Unless there is a compelling reason to move their financials onto a cloud financial platform, companies may choose to not take the risk. Ripping the band-aid off and adapting all processes to something new runs huge risk of killing efficiency and productivity across the board. Thus, finance data remains on-premises.

Finance 52

Finance Reporting Data Integration Risk 52

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing.

Enterprise 281

Enterprise Modeling Testing Reporting 281

Smart Data Collective

JULY 31, 2022

We have talked about a lot of the benefits of using predictive analytics in finance. Traders will have to use it to manage their risks by making more informed decisions. Compared to the Spring Forecast, Russia’s action against Ukraine continues to harm the EU economy, causing weaker growth and greater inflation.

Predictive Analytics 135

Predictive Analytics Analytics Uncertainty Forecasting 135

Jet Global

JUNE 21, 2021

Learn why tax is playing an important part in enterprise risk management. The cost of World War I and post-war reconstruction helped create modern corporate taxation. Read how to elevate tax to a strategic function. Climate change is also driving urgent needs to encourage different corporate behavior.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98

FineReport

MAY 31, 2023

In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore. Implementing access controls, encryption, and audit trails are essential to mitigate security risks.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. Puritan Life’s Duty says she regularly conducts cost reviews. “We

IT 132

IT Insurance Cost-Benefit Risk Management 132

IBM Big Data Hub

JUNE 5, 2024

Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. SaaS app development and management is no different. Predictive analytics.

Analytics 80

Analytics Predictive Analytics Unstructured Data Data-driven 80